NOT LISTED FOR SALE

242 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $1,121,000 - $1,306,000

4 Beds
4 Baths
2,692 Sq Ft
$455/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,200,000 $446 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,905/month

7 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • In Ground Pool
  • First Flight Middle School Rated A-
  • Boat Dock
  • Rooftop Deck

About This Home

As of September 2023

Homes in this part of Southern Shores rarely come on the market. This quintessential beach house is located on a quiet street just steps from the beach. The lot is large enough to hold a full-sized swimming pool and volleyball court and has enough area for other fun activities. There is a large area under the house that can be used for parking and creates a dry entry through garage or the main entry. The outdoor shower is located in the back yard, close to the pool. The ground level has a playroom that supports a pool table and a foosball table. Just slide open the door here and you can be swimming in the blink of an eye. The bedroom on this level is large enough to fit two full-over-twin bunk beds. The first floor of this amazing home has an open floor plan with plenty of room for lounging, eating, and cooking. Cozy up to the gas fireplace when the weather turns chilly. There are numerous decks with enough space to gather or find peace and quiet. One can climb up to the roof top deck and enjoy the views. Out of the 4 bedrooms two of them have en suite bathrooms. This home has been well maintained and has had several improvements including: the following: Water heater (2021) Roof replacement (2019) HVACs lower level (2017) upper level (2019) Kitchen refrigerator (2019) Washer (2021) Dryer (2018)

Last Agent to Sell the Property

Becky Rockis

Sun Realty - Corolla License #275099 Listed on: 08/17/2023

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,518

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 95x160
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Property is zoned RS1

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Beach Box Architecture
  • Slab Foundation
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,692 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Unpaved Parking
  • Parking Garage Space

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 1 / 36

Community Details

Overview

  • Association fees include tennis courts, walkways
  • Southern Shores Civic Assoc. Association
  • Southern Shores Subdivision

Recreation

  • Boat Dock
  • Community Beach Access
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,518

Year Built

Built in 1976

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Duck Road. Right on Periwinkle. Left on Ocean Blvd. Two blocks north. House is on the left on Sandpiper Lane.
  • Extras: Fenced Yard, Outside Shower, Smoke Detector(s), Sun Deck, Roof Top Deck, Dry Entry
  • Flood Zone: X
  • Subdivision Name: Southern Shores Amended Blks 34-37 Sec 3
  • Headline: Quintessential SS Beach House
  • Heated Sq Ft: 2692
  • L V T Date: 08/17/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: RS1
  • Deed Book Pg Number: 0465
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Bedroom 1: 18x15, On Level: 1
  • Bedroom 2: 13.5x11.5, On Level: 1
  • Bedroom 3: 13x12, On Level: 1
  • Bedroom 4: 13x12, On Level: Ground
  • Kitchen: 11x10, On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Luxury Vinyl Plank
  • Foundation: Masonry, Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Pantry
  • Dining Room: 11x10, On Level: 1
  • Game Room: 24x13.5, On Level: Ground
  • Living Room: 24x17, On Level: 1
  • Optional Rooms: Game Room, Pantry

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 9x7
  • View: Ocean

Garage/Parking

  • Garage: 1 Car
  • Garage Sq Ft: 288
  • Parking: Parking Garage, Paved, Under, Unpaved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Ocean Access, Outdoor-Off Site Tennis, Park, Playground
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 120
  • Hoa Contact: Southern Shores Civic Assoc.
  • HOA Contact: SSCA@obxbeach.net
  • Home Owner Dwelling Insurance: 1100

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Corner, Level
  • Lot Faces: S
  • Lot Size: 95x160
  • Lot Number: Lot 1
  • Estimated Lot Size: 0.34
  • Deed Book: 2639

Rental Info

  • Flood Expenses: 1000
  • Maintenance Expenses: 350
  • Poolspa Expense: 1000
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 850
  • Annual Electric: 1000
  • Annual Water Expense: 230

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2023
  • Taxes: 4517.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 28, 2023
Sold by
Michael B Balthaser B and Michael Melissa A
Bought by
Gerosa Mary Theresa
Seller's Agent
Becky Rockis
Sun Realty - Corolla
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
50
Current Estimated Value
$1,224,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,179
Avg. Annual Appreciation
0.89%
Original Mortgage
$726,300
Outstanding Balance
$707,950
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$516,229

Purchase Details

Closed on
Aug 12, 2022
Sold by
Balthaser Michael B and Balthaser Melissa A
Bought by
Michael B Balthaser And Melissa A Balthaser J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gerosa Mary Theresa $7,200,000 None Listed On Document
Michael B Balthaser And Melissa A Balthaser J -- Gray & Lloyd Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerosa Mary Theresa $726,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2023 09/28/23 Sold $1,200,000 -7.7% $446 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $1,300,000 +91.5% $483 / Sq Ft
11/05/2012 11/05/12 Sold $679,000 -1.5% $261 / Sq Ft View Prior Sale
10/22/2012 10/22/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $689,000 -- $265 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,781 $1,233,200 $768,800 $464,400
2024 $4,518 $678,000 $337,500 $340,500
2023 $4,518 $678,000 $337,500 $340,500
2022 $4,518 $678,000 $337,500 $340,500
2021 $4,518 $678,000 $337,500 $340,500
2020 $4,043 $678,000 $337,500 $340,500
2019 $3,777 $547,400 $328,700 $218,700
2018 $0 $534,600 $328,700 $205,900
2017 $3,760 $534,600 $328,700 $205,900
2016 $3,542 $534,600 $328,700 $205,900
2014 $3,542 $534,600 $328,700 $205,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123141

Outer Banks Association of REALTORS®

APN: 021652000